| Description | Charges |
|---|---|
| Joining Fee - Primary Card | Rs.500/- |
| Joining fee – Add-on Card | Waived |
| Annual fee – Primary Card | Annual Fee: 500 2nd year onward Annual fee waived off on annual spends greater than Rs. 2,00,000/- Rent transactions ( MCC 6513 ) and wallet load transactions ( MCC 6540 ) will not be eligible for spends counted in availing annual fee waiver |
| Annual fee – Add-on Card | Waived |
| Card replacement fee – Primary Card | Rs.100/- |
| Card replacement fee – Add-on Card | Rs.100/- |
| Cash Payment Fee | Rs.100/- |
| Duplicate Statement fee | Waived |
| Charge Slip Retrieval Fee or Copy Request Fee | Waived |
| Mini statement SMS | Waived |
| Outstation cheque fee | Waived |
| Transaction Alert SMS | Waived |
| Balance enquiry charges | Waived |
| Finance charges (Retail purchases and cash) | 3.6% per month (52.86% per annum) |
| Late Payment Fees | Nil if Total Payment Due is less than Rs. 500 Rs. 500 if total payment due is between Rs. 501 - Rs. 5,000 Rs. 750 if total payment due is between Rs. 5,001 - Rs. 10,000 Rs. 1200 if total payment due is greater than Rs.10,000 |
| Cash withdrawal fees | 2.5% (Min. Rs. 500) of the cash amount |
| Over limit penalty | 2.5% of the over limit amount (Min Rs. 500) |
| Cheque return or dishonor fee or auto-debit reversal | 2% of the payment amount subject to minimum Rs. 450 and maximum Rs. 1500 |
| Foreign currency transaction fee | 3.5% of the transaction value |
| GST | As per existing Government norms |
| Rent Transaction Fee | Rent Transaction fee of 1% capped at INR 1,500 per transaction will be applicable on each rental transaction done on Samsung Axis Bank Signature Credit Card. GST will be applicable as notified by Government of India. The Rent transactions will be identified through Merchant Category Code 6513. |
| Dynamic Currency Conversion | Dynamic Currency Conversion markup of 1% plus taxes will be applicable on Samsung Axis Bank Signature Credit Card for each International transaction performed in Indian currency at international location or transactions performed in Indian currency with merchants located in Indian but registered in foreign nation. |
Assuming Rs. 2 lakh annual spends
| Category | Benefit | Annual Spends | Benefits in INR |
|---|---|---|---|
| Activation Benefit (Edge Reward Points on completing 3 transactions within 30 days of card issuance) |
500 | ||
| Samsung Purchases (including EMI) | 10% | 1,00,000 | 10,000 |
| Purchases from Zomato (Rs. 500*2 times a month) =1000*12 |
2% | 12,000 | 240 |
| Purchases from BigBasket Rs.1500 per month*12months |
2% | 18,000 | 360 |
| Purchases from Myntra Rs.3000*4 times a year |
2% | 8,000 | 160 |
| Purchases from Urban Company Rs.1200*4 times a year |
2% | 4,800 | 96 |
| Purchases from Tata 1Mg Rs.800 per month * 12 months |
2% | 9,600 | 192 |
| Fuel Surcharge Waiver (Upto INR 500 per statement cycle) Rs.3000per month * 12 months |
1% | 36,000 | 360 |
| Other Spends Rs.4000 per month *12months |
1% | 48,000 | 480 |
| Complimentary Airport Lounge Access (4 domestic airport lounge access per annum) |
4,000 | ||
| Eazy Diner Dining offers Rs.2000 spends per month with Rs.500 off |
24,000 | 6,000 | |
| Total | 2,60,400 | 22,388 |
*Please note that above figures are indicative
Please note that these criteria are only indicative and the bank reserves the ultimate right to approve or decline applications for Samsung Axis Bank Signature Credit Card
Unless there are case variations, the required documents for Samsung Axis Bank Signature Credit Card application include a copy of your PAN card or Form 60, residence proof, identity proof, a colour photograph and proof of income in the form of latest payslip / Form 16 / IT return copy.
The following documents are required:
Please note that this list is only indicative. Documents required may vary on a case-to-case basis.